Question

An auditor wants to verify that for a given inventory acquisition, (1) the merchandise was ordered by the company, (2) the merchandise was delivered to the company, and (3) a bill for the merchandise was received. the auditor should look at which documents

Answer 1

The answer is: 1. the merchandise was ordered by the company

The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.